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A moneyline is simply a bet type that only includes odds, as in odds to win . Example: a moneyline of +150, is just +150 odds ($100 to winR$150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to winR$100) for the listed team to win.
1
Calculate the implied probability of each outcome based on the odds offered by bookmakers. ...
2
Subtract the amount you bet from each of these values to get the expected value for each outcome.
3
Focus on bets with positive expected values, indicating a long-term profit potential.
Chip Romig, MMR 423
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